All deposits in Armenia’s banks valued at over AMD 1 364,7 bln in May, 2.4% up

YEREVAN, July 15./ARKA/. All deposits in Armenian commercial banks rose  in May  by 2.4% from April  to 1 364,7 billion drams, according to the Central Bank of Armenia.

Residents’ deposits valued at 1 016,9 billion drams (1.2% growth month over month), non-residents’ deposits- 330.4 billion drams (6.4% upturn).

The volume of AMD deposits of residents decreased  by 1.6% in May from April to about 370.6 billion drams.  Deposits in foreign currency increased by 2.8% to over 646.2 billion drams. As of May  2013, there are 21 commercial banks registered in Armenia. ($1 – 409.93 drams). —0-

spot_img

POPULAR

Euro fell 4.82 points against the Armenian dram: Central Bank of Armenia

The average market exchange rate for the US dollar to the Armenian dram, formed on the Armenian foreign exchange market as of June 18, 2026, increased by 0.13 points compared to June 17, reaching 368.19 drams.

Central Bank of Armenia maintains the refinancing rate at 6.5% for the fifth consecutive time

At its meeting on June 16, the Central Bank's Board left the refinancing rate unchanged at 6.5% for the fifth consecutive time, the regulator's press service reported.

Armenian tomatoes will be exported to Europe

With the support of Acba Leasing, Prom Group purchased 20 brand-new Volvo trucks, which will be used to export high-quality Armenian tomatoes to Europe as early as July of this year.

VTB (Armenia): Instant transfers to Russia are becoming increasingly popular

Retail clients of VTB (Armenia) continue to actively use the free transfer service to MIR cards of Russian recipients. Over the past six months, transfer volume has grown by 40%.

Armbanks Weekly Digest: Key Events in Armenia’s Financial Market (June 8-14)

The week in Armenia's financial market was influenced by decisions by international financial institutions, currency dynamics, capital market data, and the debt agenda.

LATEST NEWS

spot_imgspot_imgspot_img